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Chapter One Personal Financial Literacy

Across
The number of years you usually attend college
Financial knowledge, background in economics and being a streetwise consumer. These qualities describe what?
capable of mutual substitution : interchangeable.
This is how Baby Boomers managed to buy houses, pay for college and take vacations
This records the total US debt owed by its citizens
People looking to take advantage of the latest financial opportunities
French word for "large"
Measured by adding up how much a country produces in goods and services in a year
Connecting with people through clubs, organizations and professional associations
Human Capital is made up of 2 components (parts). What are they?
is the satisfaction we get from the process of buying a good with reference to price.
Your willingness to engage in financial endeavors that have UNCERTAIN outcomes
Down
The ability to understand personal finance information means you have...?
You might believe that luck or fate decides your future. Because of this belief you may have little influence over decisions and are suffering from...?
a item offered for sale
Our tendency to assign MORE value to things we already own
Interpersonal relationships you form with your family and close friends
The network of connections among people
the average amount of yearly income a person makes
made “inside” the United States
the phenomenon whereby a person is reluctant to abandon a strategy or course of action because they have invested heavily in it, even when it is clear that abandonment would be more beneficial.
Human Capital is made up of 2 components (parts). What are they?
The type of accounting we as humans use to categorize money